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Patrizia secures Clifford Chance as first tenant at The Louise

Patrizia has announced the signing of Clifford Chance as the first tenant for The Louise, its iconic office re-development in the heart of Brussels. The international law firm has signed a lease for the three top floors of the 24-storey building, spanning 3,150 sq. m., and is expected to move into the landmark office on 1 Jul...
Friday, 17. March 2023

Macquarie, Mapfre buys office building in London

Stable Income European Real Estate Fund – Macquarie 2 (SIEREF - Macquarie 2), jointly advised by Macquarie Asset Management and MAPFRE, has acquired an office building at 8-10 Old Jewry in the City of London. According to market information, the deal is valued at around £40m.
Wednesday, 15. March 2023

5 of the Big 6 office markets undersupplied

5 of the Big 6 regional office markets (Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Manchester) are facing a supply shortage of forthcoming Prime Grade A office accommodation, which is driving up rents and creating opportunity for refurbishments, according to international real estate adviser Savills.
Wednesday, 15. March 2023

Sony Center: Tattersall Lorenz wins key account

Tattersall Lorenz has secured a key account: The service provider's offer has convinced asset manager Oxford Properties and Norges Bank Investment Management (NBIM). Tattersall will manage the Sony Center from April 1, 2023. Pre-property management and onboarding are already underway.
Wednesday, 15. March 2023

KGAL sells London's 60 Gracechurch Street to Obayashi

KGAL Investment Management has sold the office building “60 Gracechurch Street”, with a total lettable space of 11,825 square metres, from one of its closed-end funds. The buyer is Obayashi Properties UK, a wholly owned subsidiary of Obayashi Corporation, one of Japan’s largest construction companies. KGAL’s fund investors we...
Tuesday, 14. March 2023

Redevco starts redevelopment Boulevard Hausmann Paris

Urban real estate company Redevco is starting the refurbishment of its generational asset, held for more than 30 years: a contemporary project that responds to current commercial practices and that is taking place on one of the capital’s major arterials, opposite the big department stores and in a must-see district in which t...
Tuesday, 14. March 2023

SBB signs 30-year lease with Municipality of Örebro

Samhällsbyggnadsbolaget i Norden AB has owned Mosjö School in Örebro since 2019. The project involves the rebuilding and extension of the school, which covers a total of 3,862 square meters. The lease is for 30 years and the tenant is the Municipality of Örebro.
Friday, 10. March 2023

REInvest buys sustainable office complex in Barcelona

REInvest Asset Management has recently secured one of the most sustainable office developments in southern Europe, located in Barcelona’s innovative 22@ district, in a forward purchase from Glenwell Group, specialized in the promotion and transformation of innovative and sustainable real estate, with presence in Spain and the...
Thursday, 9. March 2023

Société de la Tour Eiffel acquires Paris office building

Société de la Tour Eiffel announces the acquisition from Pontine Groupe of 10 Bastille, a new 3,000 m² commercial property ideally situated in the 12th arrondissement of Paris, close to the Gare de Lyon and Place de la Bastille.
Thursday, 9. March 2023

HIH buys Bafin site on new Bonn government campus

HIH Invest Real Estate secured the office property located at Justus-von-Liebig-Strasse 28 in Bonn within the framework of an off-market transaction. The property was sold by a joint venture between property developer Ten Brinke and BLI Invest. The acquisition took the form of a forward-funded club deal arranged on behalf of ...
Thursday, 9. March 2023

Pbb launches first fund together with Universal

Deutsche Pfandbriefbank (pbb) launches its „Real Estate Investment Management“ business line as announced. The real estate lender is launching its first real estate fund in cooperation with Universal Investment. The service KVG is responsible for the launch and administration of the planned open-ended real estate special fund...
Tuesday, 7. March 2023

Hillview completes Lawnswood House refurbishment in Leeds

Hillview Real Estate has completed the refurbishment of Lawnswood House in Leeds, the largest speculative office refurbishment in the north Leeds market in recent years. The refurbished property provides 36,394 sq ft of grade A office space with units from 4,351 sq ft at a quoting rent of £22/sq ft.
Tuesday, 7. March 2023